Devon Energy (DVN) Tax Rate (2009 - 2026)
Devon Energy's (DVN) quarterly Tax Rate came in at 671.43% in Q1 2026, down 69905.0% year-on-year from N/an in Q1 2025, and down 2406.91% on a QoQ basis from 26.78% in Q4 2025.
Devon Energy (DVN) Tax Rate (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of Tax Rate data on file, last reported at 671.43% in Q1 2026.
- On a quarterly basis, Tax Rate fell 69905.0% year-over-year to 671.43% in Q1 2026; TTM through Mar 2026 was 2.88%, a 358.0% increase from a year earlier, with the FY2025 full-year figure at 3.49%, changed N/A from the prior year.
- Tax Rate for Q1 2026 stood at 671.43%, down from 26.78% in the prior quarter.
- Over the last five years, Tax Rate for DVN reached as high as 28.52% in Q3 2025 and fell as low as 671.43% in Q1 2026.
- Historically, Tax Rate has averaged 34.35% across 5 years, with a median of 14.04% in 2023.
- Across the five-year window, Tax Rate sank 76684 bps in 2022 and jumped 5419 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 22.47% in 2022, then slumped by 277 bps to 39.88% in 2023, then tumbled by 103 bps to 80.97% in 2024, then surged by 67 bps to 26.78% in 2025, then tumbled by 2407 bps to 671.43% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 671.43% in Q1 2026, 26.78% in Q4 2025, and 28.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 35.09% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 22.50% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 18.18% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 57.82% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 39.49% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 23.18% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 22.15% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -671.43% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 22.16% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 15.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -671.43% |
| Mar 31, 2026 | -671.43% |
| Mar 31, 2026 | -671.43% |
| Dec 31, 2025 | -26.78% |
| Dec 31, 2025 | -26.78% |
| Dec 31, 2025 | -26.78% |
| Sep 30, 2025 | 28.52% |
| Sep 30, 2025 | 28.52% |
| Sep 30, 2025 | 28.52% |
| Jun 30, 2025 | 21.54% |
| Jun 30, 2025 | 21.54% |
| Jun 30, 2025 | 21.54% |
| Mar 31, 2025 | 27.62% |
| Mar 31, 2025 | 27.62% |
| Mar 31, 2025 | 27.62% |
| Dec 31, 2024 | -80.97% |
| Dec 31, 2024 | -80.97% |
| Dec 31, 2024 | -80.97% |
| Sep 30, 2024 | 24.26% |
| Sep 30, 2024 | 24.26% |